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20121205
20121205
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with modest gains. europe holding onto gains and china up nearly 3% over night as shanghai catches a break. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's
in europe a year ago versus today, particularly exporters with china maybe turning a little bit. i just think an awful lot of money has left that area. if any of it starts moving back, and maybe that's what we're seeing, it's a nice place to be. the trick is you have to be there before the turn. >> hey, bill. >> yeah, rick? >> with citigroup cutting 11,000 jobs, austerity makes their stock run up. i'd like to know what our guests think if many of the others are going to be cutting. investors found something golden in those cuts. >> it's true because the stock goes down real quick. you like the financials? >> we're kind of agnostic. sorry, maria. >> sounds like you don't like them. >> we're underweight. >> mark, quickly. >> we are underweight financials. we've moved to more of a neutral weight. citi is one of the names we're overweight. it's a shame for the folks who have lost their job, but it's a nice move today. >> 7.5%. bank of america, 6%. thanks, guys. >> thank you very much. see you later. as a matter of fact, the financials are leading us higher. we're near the highs of the sessi
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of china. the new leadership saying wle do whatever it takes to maintain solid economic growth. the shanghai composite up nearly 3% today. that boosted retail stocks. we also had a spanish bond auction, prefunding for 2013. got nearly the 4.5 billion they wanted. yields in spain. the ten-year did come lower on that auction, so not a bad result. and bid to cover was okay. so spanish yields slightly higher after that. didn't raise the maximum amount. that's where we stand. it's another cautious day under way in europe. back to you guys. >> might get my haircut like hers, ross. you know, that anna wintour. that bizarre -- do you think you can manage it? >> a page boy. >> you think you carry that one? >> you'd look awful. >> you know what? we're going to do it. >> you're asking these guys to put me -- >> you'd look good in that one from "dumb & dumber." >> yeah. i make that sound. the most annoying -- you want me to do that? >> no, we don't. >> morgan stanley is trying to bolster lending. some advisers are said to have left the firm due to a lack of lending capacity. you didn't bar
the united kingdom, france, germany, china, russia has ratified it. now you can pass anything in the senate with 60 votes. except treaties which require 66. a two-thirds majority. every democrat voted for the treaty and only eight republicans voted for the treaty. 38 republicans disgraced themselves and disgraced the senate. by voting against it and controlling the outcome. john kerry tried everything he could on the senate floor to show republicans the way to vote for this treaty. >> it really isn't controversial. what this treaty says is very simple. it just says that you can't discriminate against the disabled. it says that other countries have to do what we did 22 years ago when we set the example for the world and passed the americans with disabilities act. >> the treaty was supported by organizations representing people with disabilities and veterans groups but that was not good enough for 38 republicans. it was supported by senator john mccain, himself a disabled veteran. >> bob dole has been our leader on the issue of disabilities from the moment he stepped foot into the chamber. to
our country now has infrastructure that's not as advanced as china, singapore and so many other places. those are investments that we can make now, putting jobs to work now, putting people to work now and also that will lead to long term growth. of course, we got to find out how we pay for it. >> governors, thank you both very much. i appreciate you joining me tonight. >> thank you. >> thanks. >>> i now want to bring in a man who says president obama's plan would create jobs and cut the deficit. he's democratic congressman chris van hollen, maryland, ranking member of the house budget committee. welcome to you, sir. you said today -- >> good to be with you. >> good to be with you, too. we're in the fourth quarter as we approach the fiscal cliff. if we can deliver like rg iii delivers, we'll be doing well. the question i would ask is why the hell are we in the fourth quarter? why wasn't this done in the first quarter? >> well, piers, as you know, there were a number of efforts before the election to get this done and there were major differences between the parties, and those parties be
sales. you have massive sales happening around the globe. they were just approved in china. apple is going to be under pressure. i know the last time i was on, i think with we talked about how apple could be moving towards $600 or $700 by year end. i don't think that's going to happen. when you see the earnings come out, the other end of the pipeline from this quarter and next quarter, particularly when a recent nielsen survey said that 30% of desk top and laptop users are now going to use their devices less because they're using, what, tablets, which apple is the market leader. then you're going to see blockbuster earnings over the next two quarters. >> all right. we'll leave it there. gentlemen, thank you very much. we'll be watching apple and this market on the possibility for a deal. thanks, gentlemen. see you soon. we're just 26 days away from the fiscal cliff. steve liesman joins us now live from the treasury. he has an exclusive interview with one of the key negotiators at the white house, secretary of treasury timothy geithner. >> maria, thank you. i'm here with the secret
's oil credit lines with china. the final touches are still being made. but there are highways without cars. schools with no pupils. it feels like a ghosttown. we eventually found someone who had bought a flat. >> so you live in this apartment building? which -- where is your apartment? on the seventh floor. wow. and this building, is it completely filled? >> no, no. >> translator: no. we have through residents in this building. three apartments occupied. >> reporter: is it strange to be in a huge building with only three -- >> translator:ure right. it's a bit change, you know, especially sometimes when i don't have friends, family over who may be tempted to say maybe i should stay in the city, but for all other purposes, it's quite ideal. >> reporter: this economics professor at angola's catholic university says this $3.5 billion project is misguided sfwloosh is it a vanity project? >> yes, maybe. maybe. we are looking through this project as a political project. the housing there is very -- is still very, very, very high in terms of costs, and i think there is a lot of -- to sell the
to do so they had to have the secretary of state do it. >> stephanie: maybe she's in china trying to help out adelson with his troubles. >> apparently she visited a soldier in walter reed yesterday. she's in the d.c. area. but they won't -- she won't say why she's out of the state for the entire week. >> i would love to see her debate hillary. >> stephanie: governor, your opening statement? >> ahhh. >> happy to be here. >> stephanie: all right governor, thank you. >> 18-second moment of silence at the very beginning of it. >> stephanie: that was the beginning of her prepared statements. it was what is your opening statement. my statement is -- ahhh. >> i'll see if i can post that on your facebook page. i'm sure a lot of people haven't seen that. >> stephanie: oh, dear. all right. chris in yankton steph and the mooks, what's with the rash of people calling in and saying wait a minute while i take you off speaker. good lord, maybe you can do this on your own time and not ours. what's next? hi steph wait a sec
Search Results 0 to 8 of about 9